True North Commercial REIT T.TNT.UN

Alternate Symbol(s): TUERF

Real Estate REIT - Diversified

True North Commercial Real Estate Investment Trust (the REIT) is a Canada-based unincorporated, open-ended real estate investment trust. The REIT is primarily focused on creating value for unitholders through the investment in and ownership of commercial properties in Canada. The REIT’s primary objective is to maximize total returns to its unitholders. Its returns include a stable, reliable, and tax-efficient monthly cash distribution as well as long-term appreciation in the value of its units through the effective management of a portfolio of commercial properties. The REIT owns and operates a portfolio of about 40 properties consisting of approximately 4.6 million square feet in urban and select strategic secondary markets across Canada focusing on long-term leases with government and credit-rated tenants. Its properties include 36 and 38 Solutions Drive, 500 Beaverbrook Court, 61 Bill Leathem Drive, 675 Cochrane Drive, and 1112 Fort Street, among others.

TSX:TNT.UN - Post by User

True North Commercial REIT > Talked to IR today about NCIB

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Comment by wheeloffortuneon Jun 17, 2023 9:23pm

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Post# 35502095

RE:RE:RE:RE:RE:Talked to IR today about NCIB

Not unless you can show me a REIT with huge recent insider buys that has a huge upside. In 4 months, Drimmler doubled his stake. Why don't insiders of other REITs do the same thing at these low prices? You mentioned in another thread you recently bought 6000 shares of INO.UN, but David Giraurd the CEO and cofounder only owns 2.5% of the company and hasn't bought another share in the past year even though prices are at an all time low. Neither has President Amine. Total insider buys is around $40K in the past 4 months at INO.UN. Ask yourself why? INO.UN is a future disaster in the making.

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